Written by ForexBrokers.com
In this head to head comparison of FxPro vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FxPro and FXOpen are both well-regarded online brokers, but they differ in trust ratings and regulatory standing. Founded in 2006, FxPro is not publicly traded nor a bank, yet it boasts an impressive Trust Score of 90 out of 99 according to ForexBrokers.com. This score categorizes FxPro as a highly trusted broker. The company holds two Tier-1 licenses, indicating a high level of regulatory compliance, and has one additional Tier-2 license, further cementing its trusted status.
On the other hand, FXOpen, established in 2003, shares similarities with FxPro in that it is neither publicly traded nor a bank. However, FXOpen has a Trust Score of 76 out of 99, which positions it as an average risk broker according to ForexBrokers.com's ratings. It holds two Tier-1 licenses as well, signaling a decent level of trust, but lacks Tier-2 licenses, which may influence its overall trust score and regulatory perception.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Year Founded | 2006 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
FxPro and FXOpen offer competitive trading environments, but their commissions and fees provide distinct advantages for different types of traders. FxPro’s fees are slightly above the industry average, which could present a disadvantage when compared to brokers like Pepperstone and IC Markets. This broker offers variable and fixed spreads on its MetaTrader 4 (MT4) platform. Traders can take advantage of variable-spread pricing through either instant or market execution. On the cTrader platform, FxPro provides more competitive spreads, with the EUR/USD pair featuring an effective spread of 1.27 pips. This accounts for an average spread of 0.37 pips plus a commission-equivalent of 0.9 pips. While FxPro's pricing is substantial for active traders with discounts up to 30% on its Elite account, it still lags behind top contenders such as FOREX.com and IG.
FXOpen, in comparison, does not provide specific average spread data, making a direct fee comparison challenging. However, similar to FxPro, FXOpen receives a 4-star rating in the area of commissions and fees. While FxPro ranks #32 out of 62 brokers, FXOpen trails at #45 according to ForexBrokers.com in terms of commissions and fees. Despite the differences in ranking, both brokers earn commendable ratings from users, indicating a balanced offering in the competitive landscape of online trading platforms.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and FXOpen both provide opportunities for forex trading through CFDs and spot contracts, positioning themselves as competitive options for traders interested in foreign exchange markets. When considering the sheer number of tradeable symbols, FxPro stands out significantly, offering an impressive 2,249 symbols compared to FXOpen's 87. In terms of forex pairs, FxPro again takes the lead with 70 pairs available, whereas FXOpen offers 25. However, neither broker allows customers to buy exchange-traded securities on U.S. exchanges directly, but FxPro offers the option to trade securities on international exchanges, such as Vodafone, while FXOpen does not. Both brokers support copy trading, offering clients a pathway to mirror successful trading strategies.
Cryptocurrency enthusiasts considering either broker will find they offer crypto derivatives instead of actual currencies. For those prioritizing the range of investment options, FxPro earns a higher rating with 4 stars, placing it at the 28th position in ForexBrokers.com's rankings out of 62 brokers. Meanwhile, FXOpen is rated 3 stars, positioned at 61st. These distinctions underscore FxPro's broader range of investment offerings compared to FXOpen, potentially making it a more attractive choice for those wishing to explore diverse financial instruments.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 87 |
| Forex Pairs (Total) | 70 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by FxPro and FXOpen, both brokers provide robust features catering to a variety of traders. FxPro stands out with its proprietary platform, which accompanies popular options like MetaTrader 4 and 5. They also include a web-based platform and allow trading directly from charts, integrating 25 drawing tools for enhanced chart analysis. Moreover, FxPro provides Windows-based desktop platforms and supports copy trading, serving as a versatile choice for many investors. Both brokers offer free virtual demo accounts, making it easy for traders to practice risk-free.
FXOpen offers similar tools by supporting MetaTrader 4 and 5 platforms along with web-based and Windows desktop options. However, FXOpen doesn't have a proprietary platform; instead, it provides users with flexible options like copy trading and unique third-party tools such as ZuluTrade. While it offers fewer charting tools with 15 drawing options, FXOpen assigns more columns for watch lists with seven fields compared to FxPro's six. Despite offering solid features, FXOpen is ranked #53 in trading platforms and tools by ForexBrokers.com, whereas FxPro sits higher at #19. Both brokers hold a four-star rating in this category, indicating a mostly positive user experience.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and FXOpen both offer mobile trading apps compatible with iPhone and Android, catering to traders on the go. With both providing stock and forex price alerts, users can stay informed of market changes anytime. While these apps allow drawing trendlines and viewing multiple time frames on charts, FxPro stands out by offering a more extensive selection of 65 technical studies compared to FXOpen's 30. Furthermore, FxPro supports seamless watchlist symbol syncing with online accounts, a feature absent in FXOpen's app. Additionally, FxPro's app ensures auto-saving of chart drawings, adding convenience for traders who frequently tweak their analysis.
When it comes to real-time quote watchlists, both apps deliver on performance. However, FxPro's mobile trading app has achieved a higher user rating of 4.5 stars, compared to FXOpen's 4-star rating. This is mirrored in their rankings by ForexBrokers.com, where FxPro is placed at #15 out of 62 brokers, significantly ahead of FXOpen, which is ranked at #54. These distinctions highlight FxPro's stronger feature set and user satisfaction in mobile trading experience.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both FxPro and FXOpen provide daily market commentary and share forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed with timely updates. While both brokers lack technical analysis tools from Autochartist, FxPro distinguishes itself by offering Trading Central's Technical Analytics, which FXOpen does not. Additionally, FxPro provides a sentiment-based trading tool that reveals the ratio of long and short positions across currency pairs, a feature absent in FXOpen's offerings. However, neither broker offers research tools from TipRanks or Acuity Trading, nor do they include features like Signal Centre in their platforms.
Alongside these tools, both FxPro and FXOpen include an economic calendar to keep traders aware of global economic events. Despite some similarities, FxPro's additional features and tools earn it a 4-star rating in research from ForexBrokers.com compared to FXOpen's 3-star rating. This superior rating positions FxPro at #27 out of 62 brokers in the research category, while FXOpen ranks lower at #62, highlighting FxPro's relative strength in providing comprehensive market research resources for its users.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at FxPro and FXOpen, FxPro stands out with a more comprehensive offering. FxPro provides a variety of educational content aimed at forex and CFD traders, featuring at least 10 pieces, including articles, videos, and archived webinars. In contrast, FXOpen lacks this diversity, not meeting the 10-piece minimum requirement. Both brokers fall short of offering monthly online educational webinars, but FxPro compensates by providing a searchable archive of past webinars, allowing convenient access to previously recorded sessions that traders can revisit at their convenience.
For beginners seeking videos, FxPro delivers with a selection of over 10 educational videos specifically tailored to newcomers in trading. FXOpen, on the other hand, does not offer this depth of video content for novices. Although neither broker offers advanced educational videos for seasoned traders, both provide an investor dictionary with definitions of over 50 key investing terms. Overall, FxPro achieves a higher education rating of 4 stars, as opposed to FXOpen's 3 stars. In the ranking by ForexBrokers.com, FxPro is positioned at #17 out of 62, while FXOpen trails at #58, further indicating FxPro's stronger emphasis on education.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FxPro is better than FXOpen. FxPro finished with an overall rank of #21, while FXOpen finished with an overall rank of #54.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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FXOpen
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| Overall Rating |
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| Trust Score | 90 | 76 |
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Both FxPro and FXOpen do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
FxPro offers more payment options than FXOpen, including ACH, SEPA, and PayPal, alongside shared options such as Skrill, Visa, Mastercard, and bank wire transfers, whereas FXOpen provides Skrill, Visa, Mastercard, and bank wire transfers without ACH, SEPA, or PayPal capabilities.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FxPro | FXOpen | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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| Regulation | FxPro | FXOpen | |
|---|---|---|---|
| Trust Score | 90 | 76 | |
| Year Founded | 2006 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FxPro | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 87 | |
| Forex Pairs (Total) | 70 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FxPro | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | FxPro | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review |
| Overall | FxPro | FXOpen | |
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| Trust Score | 90 | 76 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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